Maddy on 26 Aug, 2019 02:50 PM
The automatic assignment of categories relates to the 'confirmation process'. This is detailed in this article from the Knowledge Base.
When transactions have been downloaded from the bank, they'll be 'unconfirmed' which is signified by a blue dot in the account register.
To begin the confirmation process, select the first transaction in the register with a 'blue dot'. A panel will appear on the right of your screen which shows the 'Current Transaction' details. You should amend the category within this panel, then select 'Confirm'.
You'll see the solid blue dot change to a blue circle. Moneydance will then move to the next unconfirmed transaction in the register.
As you go through this process it will become quicker and easier. Moneydance will begin to recognise the information you have previously confirmed, and start to suggest the correct categories within 'Similar Payees' in the panel on the right.
The next time you download from the bank many of the correct categories will automatically be assigned, and this will improve and you confirm more transactions.
I hope this information is helpful. Please let me know if you have further questions or need any assistance.
I want to manage my credit cards accounts with Moneydance as well.
American Express only gives me options to download as Quicken, Quickbooks
or CSV. Those options do not seem to be available with Money dance
If you are making a payment from your bank account to your credit card to reduce the credit card debt all you need to do is in the bank account register set the category to your credit card account and enter the payment value in the payment box.